Global Potting Soil Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Potting Soil Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Potting soil, also known as potting mix or potting compost, is a medium in which to grow plants, herbs and vegetables in a pot or other durable container.

Market Overview:

The latest research study on the global Potting Soil market finds that the global Potting Soil market reached a value of USD 1587.68 million in 2022. It’s expected that the market will achieve USD 1957.32 million by 2028, exhibiting a CAGR of 3.55% during the forecast period.

Impacts from the short-term

COVID-19 is likely to motivate people to buy potting soil during a short period, mainly because most people are staying stay at home, having time to grow plants, and arrange gardens. And spring is also the time to plant and cultivate seeds. However, as the disease is getting severe, and the macro-environment are getting worse. It is expected that the potted soil market in some regions will usher in a small increase temporarily and then decrease for the year.

Impacts from the long-term

The long-term growth of the industry depends more on product innovation and downstream demand. Although new coronaviruses have stimulated the demand for potting soil temporarily; from the perspective of long-term development of the industry, the needs of downstream buyers and product innovation can provide the industry with sustainable growth.

Technological innovation: reducing greenhouse gas by enhancing soil

Since the 21st century, people have been frightened of global warming caused by the greenhouse effect. While advocating environmental protection, the focus is often placed on automobile exhaust emissions, industrial construction and other aspects. Some experts have found that increasing agricultural cultivation can also lead to an increase in the greenhouse effect. They suggest establishing renewable and climate-friendly horticulture by improving the formulation and quality of the soil. Let people enjoy life while protecting the environment. Technological upgrading is an opportunity for the industry. Although this concept has not yet been fully popularized and marketed, many related academic works have been published in about 2007, which is likely to become a development opportunity for the potting soil industry.

Fierce competition

Potting soil's raw materials are not rare, and the main competitive advantage comes from the formulation and quality of the soil suitable for the plant. But with the accumulation of the industry, most plants already have their own soils. The industry's technological breakthroughs have not yet appeared, creating fierce competition.

Stable downstream demand

Thanks to the huge advances in technology, the greenhouse industry is witnessing unprecedented growth. More and more greenhouses are being built on a large scale, injecting capital and focusing on cities. As an industry that is directly related to the greenhouse industry, the prospect of the potting soil market is also considerable.

Region Overview:

From 2022-2027, Europe is estimated to witness robust growth prospects.

Company Overview:

Compo is one of the major players operating in the Potting Soil market, holding a share of 8.23% in 2022.

Compo

COMPO, founded in 1956, provides a complete product range for homes and gardens, from potting soil and plant care products to garden fertilizers, lawn fertilizers, lawn grass seeds and plant protection products. Through distributors, COMPO enables its products to serve consumers around the world.

Scotts Miracle-Gro

Scotts Miracle-Gro Company is an American multinational company headquartered in Marysville, Ohio, employing 5,800 employees. OM Scott began selling turf seeds there in 1868. The company produces and sells consumer lawns, gardens and pest control products.

Segmentation Overview:

Among different product types, All-purpose Potting Soil segment is anticipated to contribute the largest market share in 2027.

Potting soil, also known as potting mix, is a medium for growing plants, herbs and vegetables in flower pots or other durable containers. Some common peat carbides, pine bark, coconut shell, perlite and VER stone used in potting soil that has little or no soil. However, for some plants with special requirements, such as orchids that require excellent drainage, professional potting soil is better. The professional potting mixture is based on the formula used by professional growers, so its physical and chemical properties are adjusted to the ideal range. It is neither too wet nor too fast. The PH value is adjusted to the range required by most plants, and the fertilizer contained is sufficient for several weeks. In addition, the requirement for lawn and garden plants is also different from the general indoor greenhouse plants, and the amount needed is relatively large, so lawn and garden soil has been developed to meet the market needs.

Application Overview:

By application, the Indoor Gardening segment occupied the biggest share from 2017 to 2022.

Indoor Gardening

Indoor gardening refers to the cultivation of flowers, fleshy or other green plants in a ventilated room. Because ordinary soil cannot be provided for plants to grow, potting soil is developed to meet market demand. The typical categories include: All-purpose potting soil, professional potting soil.

Greenhouse

Greenhouse, also known as a conservatory, refers to a room with cold protection, heating, and light transmission facilities for growing warm plants in winter. In the seasons that are not suitable for plant growth, it can provide a growth period and increase yield. It is mostly used for plant cultivation or seedling cultivation of plants, flowers, trees and other plants that love the temperature in the low temperature season. In this case, both Allpurpose potting soils and professional potting soils can be used, but for soils with special requirements, professional potting soils may have better effects.

Lawn & Landscaping

Lawn & Landscaping are indispensable factors for beautifying the urban environment. The potting soil plays an important role in the maintenance of it. In theory, both all-purpose potting soil and lawn and garden soil can be used, but the second type is more targeted and has a better effect.

Key Companies in the global Potting Soil market covered in Chapter 3:

Good Earth Horticulture
Sun Gro
Klasmann-Deilmann
HAWITA
Compo
Matécsa Kft
Lambert
Scotts Miracle-Gro
Florentaise
FoxFarm
Michigan Peat
ASB Greenworld
Espoma

In Chapter 4 and Chapter 14.2, on the basis of types, the Potting Soil market from 2018 to 2029 is primarily split into:

All-purpose Potting Soil
Lawn and Garden Soil
Professional Potting Soil

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Potting Soil market from 2018 to 2029 covers:

Lawn & Landscaping
Greenhouse
Indoor Gardening

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)